BOGOTA, Colombia, June
21, 2017 /PRNewswire/ -- IBM (NYSE: IBM) and AOS, - a
Colombian company specializing in providing business solutions-
today announced they are collaborating to create a solution to
enhance efficiency in the logistics and transport industry
throughout the country, built on IBM Blockchain and Watson IoT on
the IBM Cloud.
Blockchain works as an immutable ledger that records
transactions between members of a business network. In the supply
chain, this creates visibility for all permissioned members into
the exchange of information throughout the transport cycle,
enabling greater transparency in the registration of data and
trades.
Traditionally, supply chain transactions are completed manually,
creating delays and a higher risk for recording error, which can
cause differences between what was recorded and what was actually
loaded. By digitizing this process using blockchain and IoT, the
relevant information is captured directly from the sensors placed
on the trucks, and entered onto the blockchain, creating a single,
shared repository that all authorized participants can access and
which can only be altered with consensus from all parties.
With the solution, once the truck leaves the distribution point,
an automatic message is sent to the customer, informing them about
the load, weight and estimated time of arrival. If part of the
delivery is returned, the invoicing can be automated depending on
the actual load delivered. Also, through the sensors located on the
trucks, an information repository is generated using IoT and
blockchain, which tracks all the exchanges, stops and transactions
made by each truck and its respective load, from the distribution
point to the final customer. This heightened level of transparency
can help increase accountability between shippers and their
customers, promoting the flow of business.
For AOS, this is project is of of great relevance for the entire
logistics industry in the country. "The proper handling and use of
information on transactions and exchanges related to cargoes is key
to the logistics and transportation industry. Therefore, our main
objective with this solution is to provide transparency and
security throughout the transport cycle", said Ricardo Buitrago, Director of Innovation at AOS.
"Today, the solution is available as a functional prototype on the
IBM Cloud, for companies in the logistics, supply chain and
transportation sectors throughout Colombia," added Buitrago.
The new solution also integrates Watson IoT, designed to monitor
what is happening with the trucks. For example, the solution
captures the input and output weight to define available capacity
as well as in which silo and which person will carry the load; and
that data is also correlated to external information, such as
weather, humidity, temperature and driver's data, to estimate
delivery time to customers.
"One of the biggest challenges in the logistics and
transportation industry is the protection of its assets and
cargoes, as the correct monitoring and tracking of all transactions
involving such charges. That is why the implementation of this type
of blockchain and IoT solution in the cloud is an opportunity to
access critical data on-demand and make more informed decisions for
the benefit of business," said Jorge
Vergara, IBM Colombia CTO.
In the future, the solution is expected to include new
functionality such as an electronic seal mechanism for land cargoes
control and monitoring.
About AOS SaS
AOS has as a mission to provide
consulting and implementation services to business solutions
supported by IT. With the most highly qualified team in the
industry and the best methodologies to ensure the success of
projects and technological achievement. We have a large number of
consultants in our organization, specialists in architecture and
implementation of technology solutions with over 60 certifications
in different specialties.
About IBM
IBM is the leader in open-source blockchain
solutions built for the enterprise. As an early member of
Hyperledger, an open source collaborative effort created to advance
cross-industry blockchain technologies, IBM is dedicated to
supporting the development of openly-governed blockchains. IBM has
worked with more than 400 clients across financial services, supply
chains, IoT, risk management, digital rights management and
healthcare to implement blockchain applications. For more
information about IBM Blockchain, visit www.ibm.com/blockchain.
Contact:
Hannah
Slocum
IBM Communications
hslocum@us.ibm.com
+1 978 877 0105
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SOURCE IBM